JD.com (NASDAQ:JD) Shares Gap Up - What's Next?

JD.com, Inc. (NASDAQ:JD - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $40.03, but opened at $41.65. JD.com shares last traded at $41.69, with a volume of 1,645,393 shares.

Analyst Ratings Changes

JD has been the subject of a number of recent analyst reports. Citigroup reduced their price target on shares of JD.com from $52.00 to $51.00 and set a "buy" rating for the company in a research report on Friday, November 15th. Barclays raised their price target on JD.com from $40.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 31st. JPMorgan Chase & Co. upped their target price on shares of JD.com from $40.00 to $50.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 16th. Finally, Loop Capital raised JD.com from a "hold" rating to a "buy" rating and dropped their price target for the stock from $49.00 to $48.00 in a research note on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $41.36.

JD.com Trading Up 0.4 %

The company has a market capitalization of $63.35 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 0.30 and a beta of 0.40. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The stock's fifty day moving average price is $37.27 and its two-hundred day moving average price is $34.56.

Institutional Trading of JD.com

Large investors have recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. bought a new stake in shares of JD.com during the 4th quarter valued at about $27,000. Brooklyn Investment Group bought a new stake in JD.com during the 4th quarter valued at approximately $34,000. Nisa Investment Advisors LLC grew its holdings in shares of JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after acquiring an additional 417 shares during the period. Modus Advisors LLC purchased a new position in shares of JD.com in the 4th quarter valued at approximately $41,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of JD.com during the third quarter valued at approximately $49,000. Institutional investors own 15.98% of the company's stock.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.